The RBI on Tuesday hiked short-term lending and borrowing rates sharply by 50 basis points for the third time in three months to tame high inflation, a move that would make all personal and corporate loans more expensive. The RBI has also
Former telecom minister A Raja on Tuesday dragged prime minister Manmohan Singh again in the 2G case, alleging he too could be held guilty of "conspiracy" and dereliction of duty for not forming a group of ministers (GoM) to examine the
The coal ministry has assured greater transparency in the allocation of coal blocks planning a competitive bid for the mines by the year end. With most blocks up for auction having been indentified, the ministry is now working on drafting the fina
Congress on Wednesday slammed the BJP for its failure to remove Karnataka chief minister B S Yedyurappa who hasbeen named by the lokayukta Santosh Hegde in a report on illegal mining in the state. Congress sokesperson Manish Tiwari called
Bharatiya Janata Party president Nitin Gadkari on Monday sought to deny any kind of confrontation with the party by the tainted Karnataka chief minister B S Yeddyurappa in the letter he wrote for a party panel to first establish charges levelled a
Mohammad Nasir, the only earning member in the family of four, is a painter by profession. A daily wage labourer, Nasir’s monthly income hardly ever touched Rs 4000 till few months back. Some days, work was hard to come by. On some others, t
UPA partner DMK has come under pressure from Congress to suspend Lok Sabha MP and former telecom minister A Raja from the party after he named prime minister Manmohan Singh and former finance minister P Chidambaram in a statement to the CBI court
Darul Uloom Deoband`s Vice Chancellor Ghulam Mohammed Vastanvi was today sacked for his comments praising Narendra Modi which had raised hackles of the conservatives soon after the reformist theologian took over the reins of the prominent Islamic
Debt-ridden Air India`s proposed domestic sector budget airline route to contain losses has found little favour among its pilots. The proposal to overhaul Alliance Air’s current operations and turn it into a low-cost domestic carrier
Appearing in court on Monday in the 2G spectrum scam trial former telecom minister A Raja said prime minister Manmohan Singh and the then finance minister P Chidambaram were aware of the spectrum allocation decisions that landed him in jail.
The new minister for environment and forests Jayanthi Natarajan may make significant changes in the bureaucracy at the ministry. Two or three senior mandarins may be moved out of the ministry while most others will find the freedom they enjoyed un
Karnataka Lokayukta justice Santosh Hegde will submit his much-awaited report on illegal mining to the government on Wednesday. "Yes, I will submit the report on Wednesday," Hegde, a former supreme court judge and member of Jan L
Embattled Karnataka chief minister B S Yeddyurappa on Monday returned here from his holiday and ruled out his resignation in the wake of the Lokayukta report indicting him on the illegal mining issue. "Opposition parties hoping that I
It`s official now -- Indians hold about USD 2.5 billion (over Rs 11,000 crore) in Swiss banks, but this figure of Switzerland`s central bank may be a gross understatement of the total wealth directly and indirectly held there by entities from Indi
Government today said the Lokpal Bill is ready and will be placed before the Union Cabinet for approval in its next meeting where a decision on whether to put the Prime Minister in its purview would be also be taken. "The Lokpal Bill
Union Minister of Rural Development Jairam Ramesh on Friday began his first on the spot visit to District Bastar, to understand the Rural Development schemes implementation. Ramesh on the day of assuming office declared that he would first
The Bhartiya Janata Party for the first time on Friday indicated that Karnataka chief minister B S Yeddyurappa will have to quit once the Lokayukt report reportedly against him is out. The indication came officially from party spokesman Ra
Amid concerns over increasing number of train accidents, Prime Minister Manmohan Singh has sought a detailed safety plan from the Railways. "A detailed safety plan is being readied to be submitted to the Prime Minister`s Office shortl
Energy consumers served by Reliance Infrastructure can now obtain information about its services under the RTI Act as the State Information Commission has, in a significant order, ruled that being a public utility service provider it comes under t
A double bench of Punjab and Haryana high court has labelled artificial, chemical and extracted nicotine as a poisonous substance and has directed that it cannot be used as an additive to any other material. The bench has ask
